Oil companies have cut the petrol price by Rs. 1.68 per litre across India, excluding taxes (VAT) and with effect from midnight of June 2nd, 2012. This has brought down the petrol price from Rs. 73.18 per litre to Rs. 71.60 per litre in New Delhi. Therefore, the price hike has come down to Rs. 5.96 per litre.
Read this CarToq analysis to find out how much your annual fuel cost has increased based on the revised petrol price. The computation has been done for hatchbacks – premium and others. And we have used claimed mileage for the basis of monthly fuel costs, but since we are looking increase in prices, claimed and actual mileage figures would give the same results.
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Those who own the i10, Santro and Indica (petrol) will suffer the most due to the hike in petrol prices as their annual fuel expenditure will increase by approximately Rs. 2,805. On the other hand, Nano and Alto owners, will be least affected by the hike and will be spending around Rs. 1,854 – Rs. 2,649.
Given below is a table for the subsequent rise in expenditure for small cars:
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In the premium hatchback category, Punto owners will see the biggest hike in their fuel bill, with annual expenses increasing by Rs.3,405. On the other end of the spectrum, those who own the Toyota Etios Liva, Micra, Swift or i20 will spend the least on fuel annually in this segment and will have to shell out Rs. 2,648 more on petrol annually.
Given below is a table for the subsequent rise in expenditure for premium small cars:
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*Price difference has been calculated based on average mileage figures for all cars and is not variant specific, actual price difference may vary.